Chimera Investment (CIM) Misses Q1 EPS by 4c

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CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2018 EARNINGS

May 3, 2018 7:02 AM EDT

1ST QUARTER GAAP NET INCOME OF $1.22 PER COMMON SHARE 1ST QUARTER CORE EARNINGS(1) OF $0.58 PER COMMON SHARE GAAP BOOK VALUE OF $17.12 PER COMMON SHARE REPURCHASED $15 MILLION OF COMMON STOCK

NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2018. The Companys GAAP net income for the first quarter was $230 million or $1.22 per common share. Core earnings(1) for the first quarter ended March 31, 2018 was $109 million... More